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pre-payment and [kphr-ebgs/] agreement, as well as sfpuc tax certificate, very similar to the review when you review our bond approvals for when the sfpuc is an issuer. in this case the issuer would be the wholesale customers not directly the sfpuc. >> and todd, just formality benefit of the public can you quickly distinguish who would be our wholesale customers versus retail? >> our whorl sale customers are primarily san mateo, santa clara and alameda counties. they are 26 agencies that provide water to aapproximately 1.5 million people outside of san francisco. inside of san francisco, are our retail customers and our retail customers will also benefit from this, because they will see lower bills than they would have otherwise seen with the capital repayment. the commission approved this back in december. it provides for rate-payer relief in the flare term, specifically in the next 8-10 years for our retail consumers. a total of $362 million and it is permitted under the con trouting agreement that was signed by city and customers in 2009. this slide is the most important for our
he will probably want a glass of higher taxes that is my theory. we're just seeing a hit to our paychecks because of this year's tax increases. now the president says we need to give him even more. we'll tell you how bad it could get. >>> u.s. gas demand has slipped to the lowest level in years but is it really because of fuel-efficient cars or could it be so many people out there are out of work they can't even afford to pay at the pump? we'll get to the truth behind the numbers. even when they say it is not it is always about money. melissa: all right. here's today market moment. mixed economic data led to a choppy trading session for stocks. the dow rallied for a fifth straight session, closing up 27 points. another day for dell shares. fox business's charlie gasparino, silver lake partners, private equity firm is in advanced talks to buy out the company. facebook unveiled a new search engine called graph search. it hopes to revolutionize how users find thinks on facebook. for example, a guy could ask who among my friends doesn't have a girlfriend, lives in his mom's basement
, but we haven't looked had to do about overhauling tax system, which would you want to raise revenue, you could do in could do in the way bad for the economy hallway discussion helps increase competitiveness and modernizes our tax system. so we know what the answers are. were going to fight it the specifics, but we don't know at what point the political system is going to be willing to make all those traces, which are difficult compromise on both sides and put this issue to rest so we can go back to all the other things were going to fight about. the fact you can sue a policy solutions are more passed the tennis doesn't matter, but everybody recognized the threat that she can't possibly imagine a real growth, and without a sense of stability from knowing what changes obesity you can not planning, investments, job creation, all the necessary pieces of moving the economy forward. but the big wild card is when people are willing to make these type choices instead of using them to fight in the normal political boxes. what do i think's going to happen next? it's often a different path. if you
. it is within our reach to strengthen marriages and families. it is within our reach to reduce taxes. it is within our reach to lead in job growth and energy independence. it is within our reach to balance our budget and meet the needs of our people. our place, kan., must show the path, the difficult path for america to go in these troubled times. .. the and >> we and shannon >> thank you. >> that was governors sam brownback with the state of the state address. we now go to senator anthony headley for the democratic response to enact we have been talking that the string that we have time. we have talked about how i have a dream. we will somehow realizes principles and the declaration of independence. i think he was just inspired by that moment. >> sunday on "after words", clairborne carson recalls his march on washington. it is part of three days of the tv this weekend on monday featuring authors and books from the inauguration. president obama, and martin luther king jr. >> every weekend latest nonfiction authors and books are featured on booktv. you can see past programs and schedu
start cutting stations if it gets worse. >> reporter: property tax revenues have dropped and the tax measure was voted down. now, those are just hopeful that we do not see a worse case scenario. >> there could be a terrible situation if there is a fire there is going to be a big fire and we're going to need all the help we can get. >> reporter: some of this talking is talking about ambulance services. that way, they can still get some emergency crews to respond. reporting live in contra costa county, kron 4. >> here are the four stations closing today in contra costa county. in martinez - station 12 on shell avenue. in lafayette - station 16 on los arabis avenue. walnut creek loses station 4 on hawthorne drive. and in clayton, station 11 on center avenue. you can see how wide-spread the impact of longer response times is. >> pam: the oakland public safety committee is expected to make a decision. which is already stirring up contreversy. city council members decide will whether to adopt a resolution. to hire crime - fighting consultant william bratton. new tonight at eight. kron 4's
this is live coverage on c-span2. >> additional 13,000 people will be lifted out of taxes altogether, people of 1.1. >> the commission proposals right to work. does the secretary share my concerns the government might further tax a high tax payers in wales? >> government is considering their recommendation of the report and we would be reported by those very shortly. that will be the appropriate time. >> we all know that millionaires spend -- [inaudible] can he tell us dummy millionaires are in wales? >> he knows as well as i do the road, few millionaires in wales. but what i can tell him is that in every year this parliament they will be paying more tax than they did in each year of the last labour government. >> thank you, mr. speaker. but isn't the real danger that with a government changes in tax and benefits in wales, you will see in particular in the community with the vast majority of people work of those people will have less money in their pockets? they will have less money to spend in local shops? there will be more shops closing. there will be fewer people in jo
, what you tax and so on are very difficult and contentious decisions that will take some time to address. >> well, those is to use -- those issues of course are not the specific purdy of the fed, and so why do we shift gears and talk more specifically about some things that the fed is doing and things that the fed might do. perhaps a way to introduce that is to say that the fed of course is keeping interest rates at close to zero since roughly 2008, and it dug pretty deep into its arsenal, more recently in terms of in particular the very massive asset purchases recently launched its third round, which are intended to bring long-term interest rates. can you tell us how well you think that is working? >> so, to go back just one step, as you said we have brought the short-term interest rate down almost to zero, and for many, many years monetary policy just in bald moving the short-term, basically overnight interest-rate up and down and hoping that the rest of the interest rates would move in sympathy. then we had a situation in 2008 where we are brought the short-term rate down about as far
contra costa. >> county fire officials say the defeat of a parcel tax last november leaves them no option. >> in oakland, police overwhelmed by a wave of gang killings. today the chief told us what he needs to turn the tide. and in marin county, a first=ever gun buyback program runs into an unexpected hitch. (male announcer) this is the bay area news station, kron 4 news starts now.empty fire stations in >> pam: empty fire stations contra costa county tonight. with not enough money in the budget - four fire-houses are now shut down. good evening, i'm pam moore. tonight - j-r stone is live where community members are expressing their concern. but, first grant lodes is standing by at the big board. to show us which areas are affected. grant? >> four stations close today in contra costa county. in martinez - station 12 on shell avenue. in lafayette - station 16 on los arabis avenue. walnut creek loses station 4 on hawthorne drive. and in clayton, station 11 on center avenue. kron four's j-r stone is live tonight in >> there is a community meeting that begins at 6:00 p.m. directly b
of taxes is also now getting some buzz. and new controversy over reports that federal agents waited to arrest an illegal immigrant and a sex offender who worked for this powerful democratic senator, senator menendez, you saw in that picture there. what, what really went on? why was this done? an early morning rescue puts a whole new meaning on another brick in the wall. as firefighters-- did you watch this on america's news room with bill and martha? firefighters worked hours to free a woman who got stuck in a tight spot, how it happened. ♪ ♪ caught between a rock and a hard place ♪ bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. before you begin an aspirin regimen. music: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ it's so important to make meone happy.♪ ♪make just one someone happy ♪and you will be happy too. hi, i'm ensure clear... clear, huh? i'm not juice or
of state services like health and welfare, a limit on property taxes, plus republican legislators' refusal to raise taxes created a dilemma in the world's ninth largest economy. with budget cuts coming like clock work, the state's college and university systems declined in offerings and in reputation. schools suffered cutbacks in personnel and programs. services for the poor were trimmed by $15 billion since 2008. state workers were furloughed. then in 2010, promising to use his long honed political skills to fix the state, jerry browne, a democrat, was elected governor. 30 years after he held the job in the '70s. he faced a $26 billion deficit and started making more cuts and changes like transferring inmates from the state's overcrowded prisons to county jails and closing down local redevelopment agencies using the money for the state budget. meanwhile, the economy started to improve in fits and starts bringing in more tax revenue. but it all wasn't enough. brown proposed to california voters a measure to raise income taxes on the wealthy and sales taxes for everybody. to the feun of $5.
as if the democrats are the parties of tax and spend, the republicans are the party of borrow and spend. did you see any evidence of the bush administration that there was any entitlement cutbacks? i don't believe most republican politicians have discipline when it comes to spending or they wouldn't have been nearly as profligate, give me a break. this won't be much of a show count. republicans -- come here, come here, the republicans, they don't want to cut spending either. embarrassing the president is one thing, but actually offering plans to cut medicare, social security, defense, oh, please. i'll believe it as i see it, even though i think it's important that it be done. both parties guilty of too much spending. the democrats witt vitriolic, t to make money to pay for it. and enough politics. the american investor figures out we're pretty long through the united states of three-ring circuses. the most important spur for investment is confidence. three issues that held up business formation and stock investing for a long time. put a drag on it. uncertainty of the presidential election, uncertain
in the united states doesn't have a lot of influence on the economy, but the tax hike on the working men and women, 120 million people, that 2% payroll tax is a killer, and that is all consumption of some. people spend the mone money thet have it, they reach into savings. that was a mistake, it was bad policy. i took growth down in the u.s. by half a point. lori: and you are telling us the economy has all the potential to break out. how much o ahead when will this fiscal policy have? is there any way to recoup it? any offsetting factor? >> unless washington changes its behavior. which is not likely. then the answer is no. we have this gradual recovery. it looks all right over time, has good pieces to it, energy, housing, the banking sector actually may be getting better. lori: must be a mistake on our washington leaders, what if they can achieve a grand bargain, get entitlement reform and we can sustain this debt to gdp level for the time being we can get to underlining measures. >> it would be a glorious outcome. lori: are you optimistic at all it will happen? >> i would like it to happ
government, ok. this is tax incentives. you have to have tax liability. you have to pay taxes to make this thing valuable to you, but most people do. the law is written at 30% of the cost you can have a tax credit of 30%. let's talk about real numbers. what am i paying now and what am i going to be paying in the future? if i can make money today on my monthly payment and go green, why not? solar kind of reverses the effect. it's like tax brackets. the return on investment typically is higher if you got a big bill. there is also another thing about time of use rates. i want to go over it very briefly. it does have some effect and you will hear it about on your bid. the time of use rate is a way that you tilts are trying to help -- utilities are trying to manage their peak demand. you charge people more during peak periods. you make it up to them by charging the low market rate off peak. this is off peak and you'll be charged a very low rate for it. at shoulder peak you'll be charged more. at on peak, you'll be charged the most, another shoulder, another off peak. so what happens is tha
the election, campaign, democrats talked about taxing the rich, make the rich pay more, they played that game of class warfare, no people are finding without, that is not -- only going to take care of a small sliver of it, now, they are using terms like revenue, they don't top tell the little -- don't want to tell the little by they will be raising taxes. lou: is that true. >> actually, when it comes to debt sealing it is a nonnegotiate item. >> so step lated, this is -- stipulated, this is crazy, what is hoyer talking about in. >> i can't peak to that issue. lou: come on, there has never been an issue youk could not talk about. >> we have to focus on entitlement reform. lou: you are not? robert thank you, and sherri, and curtis thank you. we appreciate it that is it for us, tonight we appreciate you being with us, hope you will join us, here tomorrow, it will be outstanding, i guarantee it, good night from new york. neil: sun of a -- we dodge the cliff, and the agency refuses to cut us a break, i am neil cavuto, i hate to say i told you so, fitch investors say that we're ripe for a
reviewed rather than just the structure within the treasurer/tax collector? it could very well be this is right classification. i just want to understand that process. >> supervisor, as you know, all of the city's classifications are reviewed by dhr and i know dhr did work with the treasurer's office to identify the appropriate classifications. the09 53 position, just the salary and range for that position is $125,000 to $159,000 on an annual basis. i think the information reflected in the budget analyst's report is the fully-loaded costs meaning the fringe benefits and the salaries as well. the deputy director 3 the 0 53 as i understand is the appropriate deputy director level for the treasurer's office based on their organizational structure, which uses the 0953 classification. >> if i just take a look at the high-end of that classification, at $159,000, and i'm multiply it .42, i still only get $226,000, so i just wanted to understand what the differential was. why don't we go to the budget analyst's report. >> madame chair and supervisor avalos, yes, that number in our
their fair share of taxes. he's just another elitist hypocrite when it comes to a fair share of security. protection for their children and gun-free zones for our kids. host: that the latest ad by the nra, put out yesterday, getting a lot of feedback about the ad invoking the president's children. the "washington times" has this headline this morning about president obama's event this morning. that is our question for all of you. if president obama acts on his own with executive action, do you support that idea? we're getting your take on that this morning. we will go to sandra in sulphur springs, texas, a republican. caller: how are you? i just have a question to ask the rest of the people listening. what about the fort hood shootings? has anybody thought about how many guns were there? the man walked in, he was a psychologist, he walked in and killed our soldiers at fort hood. . what is the gun ban going to do on that? what does obama think about that? host: what do you think about the president taking some actions on his own? caller: i don't think anybody ought to take our guns away.
. someone get me a latte will ya, please? >>> time to talk taxes with passage of proposition 30 more californians pay the highest state income tax in the nation. will the latest bump push them out? we bring in larry gerston and there's a lot of money at stake here. >> we need wealthy people here. that's for sure. here's why, jessica. before proposition 30 passed, the wealthiest 1% of californians paid 40% of all state income taxes or about $20 billion annually. that's particularly important because the income tax itself accounts for more than 60% of the state general fund. and the proportion paid by the wealthy will be even higher once proposition 30 kicks in. >> it's not really realistic to think that rich people will up and leave the state. >> there are no indication of wealthy flight that's for sure. it's just the opposite. according to public policy institute of california, the ones that leave every year have low incomes, little education and higher unemployment rates more so than the state as a holhol whole. even after voters pass the millionaires tax in 2004, the state still ma
is on the tax and treasurer's form, so i am in conversation with them to also include our departments as a resource as well. so, hopefully that will take place. so just wanted to let you know. so as director mccarthy or commissioner mccarthy mentioned there is this dollar collected and we roughly have about 80,000 businesses registered in the city. and so, 70 percent of that of the dollar is to stay in the local municipality, 65, 5 percent goes to the administration of handling the funds. and then 65 percent is to go towards past inspections and helping businesses do their construction related activities. the requirements and any kind of education and out reach. so i think that it is written pretty broadly, so i think to allow municipalities to sort of develop their own means of how they wanted to administrator the funding. and so, we will be working on that with your department together. and so, roughly that is about 52,000 dollars. should every business pay that dollar. the tax and treasury's office did let us know that with some businesses if they are just in automatic mode, they m
to the answers. and call it a liberal tax. the conservative restaurant owner charges left-wing moore for their drink and donate the cash to right-wing causes. is it a boom for his business? the owner serves as a big helping of a government economics. even when i say this not, it is always about "money." adam: and a good evening to you. we want to look at the days headline market. a tough day for stocks. the dow snapped a five-day winning streak falling 23 points. more turbulence for boeing 787 dreamliner. a faulty battery forced an emergency landing of a 787 in japan after a result the japan airlines are grounding their entire dreamliner flight facing safety inspections. shares of boeing fell more than 3%. hewlett-packard rallied more than 4% reported they received buyer interest for the edf units in recent days, however sources say no major sailors coming anytime soon. but we have to move on to the story that everybody is talking about. president obama signing 23 separate executive actions on gun violence today. and those actions could have a huge impact on the firearms industry. am
their fair share of taxes, but-- watching the drama with our economy in the middle and debating because the policy, is that your money don't miss cavuto tonight at 8. >> at 8:30 eastern time, a lot of numbers from the government. and mostly they do not affect the market and that's the case in point today. the consumer price index, no change in the month of december. over the past year, the consumer price index has gone up 1.7%, you can safely say no real inflation measured by the government at the consumer level. no impact on the market either. all right, the trading has started and the dow industrials% the opening trend is mixed. you can't say there's an opening trend one way or the other, but bear in mind the dow is at 13,500. that's a pretty high level. that will be 700 points away from the all-time high for the dow. first off though, let's check boeing. a the lot of you probably own the stock, maybe in a mutual fund, so, nicole, with all the problems for the dreamliner overnight, where-- look at that. >> look at that, it's down dramatically, almost 4 1/2%, now you're talking about
that everybody is in lockdown mode as we wait to figure out what our tax rates are going to be, where the spending cuts are going to be, that it is going to impact the economy. my question is how much of an m impact going to see earnings? are they going to get hit? >> that's the key to the whole thing. as we said, the beige book numbers, when they came out there were cents. see earnings coming out, we will see comments and none are going to be positive. none will be excited about the future, and stock prices and multiples expand when people feel possible about the future. going to impact them? numbers might come in spot on. the whisper numbers, everyone is looking for, meaning hoping the numbers are a little bit bitter. i think as numbers come in, we'll start to see very little movement going north, unfortunately. >> the followup to that is how much of all of that is priced into the market? does the market react negatively or positively when in fact we see the earnings took a hit? >> in fact, rick santelli, had a slew of economic data out, the beige book and lieu it all the market is
it to the tax base and locate it from a regional perspective but also a national perspective when you look at it. 30% of the nation's gdp comes from the gulf coast. if the five gulf states were a nation it would rank seventh globally. if you look the population increase there's been 109% increase in the population in gulf region. nationally about 52%. the people are there. the vol nebilities are will but also the significance in terms what it provides to the nation. i think from the state's perspective and also from the gulf we recognize that healthy echo systems also can mean healthy economies. and from louisiana what we have taken, what we believe is a very good first effort in addressing both the vulnerability that exist with the state's master plan has which is is a long-term plan addressing the ecological but reducing the risk across the coast. we believe we can achieve a 100-year protection for the community it's the resources that important. the ecological resource that's state provides and the gulf provides to the nation that if it's going to be afforded through the nation it has to prov
collect that fee with property taxes, so paid them all last month and you will probably or should start seeing that revenue stream next month's report. so we will have a good idea of where we will be just the budget and we are expecting to get 100 percent but we have not seen any of the money yet. >> and our other category is still moving along where it should be, and we are 50 percent through the year and 52 percent of the funds. so really charges for services is the only big change that stands out in the budget. >> if you look at the expense side, our employees salaries infridge is 41 percent and we would expect 50 at the end of december. as you know we working on the hiring plan and getting things filled. we do expect to end the year with savings in salary. right now we are saying about $2 million. if we do get all of those positions hired in the next few months like we expect, that percentage should rise. but we will definitely have savings there because it is taking longer to finish the hiring process than we had originally budgeted. you will also see the non-personal services are
instrument. the economy is very weak. we need to do whatever we can to support job creation. raising taxes more than was accomplished in the last few weeks on any category of americans is not a good solution to a problem that is fundamentally a demographic problem. >> neil: you don't argue that taxes should be part of it. you argue that we got the tax part of it. let's focus on the spending part of it, right? >> we can ratchet back people in higher income brackets receive once they become eligible. that addresses that issue. what we want to do is weak economy, the last thing we would do is just that. >> neil: just showing a direction at least more fiscally sound could pay rich dividends. not only the markets will jump for joy but it would show our fiscal savvy? >> will is great concern in jobs like mine that the government has lost capacity to find solutions to relatively straightforward problems. the debate is polarized and largely dysfunctional. what you are suggesting and i agree with, any evidence that washington is capable to find sensible solutions to these issues, it would be encour
bathrooms and two weeks from today you will be able to start filing your tax returns. but what happens if the irs doesn't like what you have to say? we have steps to follow coming up next. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. men, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects include skin redness or irritation where applied, increased red blood cell count, headache, diarrhea, vomiting, and increase in psa. see yo
: fire crews say the reason that these stations have closed is because property tax revenues have dropped and the tax measure to pick up the cost on those lost revenues was voted down. now those who live in this area are just hopeful we don?t see a worst case scenario. >> there is going to be a big lack time. >> this lasted for over 90 minutes. and they are talking about using ambulatory services for response times and emergency calls. reporting a contra costa county, j. r. stone, kron 4 news. >> pam: and now to a developing story. japan's transport ministry says all boeing 7-8-7 planes are being grounded for safety checks. one of the 7-8-7s operated by all nippon airways made an emergency landing today in western japan after a cockpit message showed battery problems. no one was hurt. but passengers reported a burning smell in the cabin. it's the latest in a series of problems including a battery fire and fuel leaks. the airlines are volunarily grounding their jets. a total of 17 a-n-a jets and seven japan airlines 7-8-7 aircrafts will not be flying. the ministry says it's categorizing th
nothing to do with our inability to govern our own spending and taxes. but anytime one tries to hold it, that is when it is wrong. whatever you want to call it, when you have a moral and constitutional obligation you shouldn't mix it up with things you want to do politically. i come back to you, there is the see quester that was done in late 2011. and on top of that, we have to have a continuing resolution to let the government run. my suggestion is that you give yourself time to get that done. >> maybe we can rise beyond some of our constituentsys which are screaming in our ears don't compromise. >> maybe you can change the order that these fall. if you want to line up where you are spendingwise. but i have to disagree with my buddy charlie and i think the moral obligation here and the way that you keep us from being downgraded how do we tell the markets that we are doing something to tell the debt curve what it is about to do to the country. >> if it looks like you are trying to parcel out, there are 80 million payment accounts in the american government and you are rying to give out
and but budget cuts and tax hikes that have already been put in place. are these guys making more sense than usual? >> i think the resolution of the fiscal cliff us a little bit further toward debt sustainability. going back to 2011, we needed about $4 trillion over a ten-year period 10 year period of time. we are about halfway there with the agreements that have been put in place so far. the question is are we going to go further or not. >> to these guys scare you? >> they make me uncomfortable. the economy needs certainty and 30 end fiscal policy and it seems like we are still hearing a lot of noise if we are watching lot of nothing as usual in washington dc. i'm also hearing a lot of nothing from the businesses here, to be very candid about it. we are hearing a lot of whining and moaning and excitement from the business sector about innovation and new markets and new strategies. but there is a lot of potential besides cost cutting, port. >> the earnings in the corporate sector very high right now. we are seeing earnings decelerates him, and that is likely going to be continued if we don't
. in the second term, we reported this in a series in "the huffington post," we showed in the debate on taxes, it will take a more publicly confrontational approach to the republicans. he says you treat me like this, i'll treat you like this, go ahead, make my day. i think you will see on gun control, debt ceiling, on everything down the road, public pressure from the president rather than wasting his time on events that the republicans don't even want to come to at the white house. >> yeah, howard, my experience in the senate in the '80s and '90s, was simply that, the big difference was opponents treated each other much more respectfully, they did oppose what they were trying to do. but they didn't try to use tricky tactics. they were very open, honest about it. they let each other know well ahead of time. they didn't try to block every maneuver in parliamentary terms. but on anything important, i never saw anybody get a vote out of friendship or socializing snow >> good evening, americans, and welcome to "the ed show" from new york. what do you say we dive into crazy tonight. the call for c
, pay taxes, do all the other things. we transferred one of our cars to one of our sons here recently. we had to go through the motor vehicle department transfer, whatever. why somebody should be able to go into a gun show and buy any kind of a thing without any kind of the background check you might have otherwise, at least -- i -- at least not an enforceable one, i can't understand that. i really can't. i think we should have stricter background checks. i think they should be real ones. if you have the restraining orders on you, other things, we ought to be able to do that. i realize every state's different. vermont has virtually no gun laws. you can carry loaded concealed weapon in vermont this afternoon if you were there with no permit. we also have one of the lowest crime rates in the country but not because of that. we are as a society we are very law-abiding, but would that stop somebody who is mentally unhinged from going out and using a gun, knife, or anything else to kill people? no. the president's right when he says there are a whole lot of factors involved. i'm anxious to
to the expected changes in the capital gains tax, which didn't come to fruition, but nevertheless, prudent visitorinvestors sold the stock. and from that standpoint, the stock attracts current levels, especially out of earnings. >> susie: and earnings are coming out next week, and we'll be tracking that. and we'll see how the stock does after that. thanks, david, david garrity. >> tom: investors sorting through a slew of economic data today. u.s. industrial production hit its highest point in more than four years in december, while consumer prices, were flat last month, pointing to muted on inflation pressures. ti still, the u.s. major averages nde mixed: the dow off 23 points, pullednd lower by weakness in boeing shares, the nasdaq rose six, the s&p up just a fraction. >> susie: and the federal reserve's latest snapshot of the u.s. economy isn't picture perfect, but it is positive. today's beige book report showed signs of solid overall economic growth. each of the fed's 12 districts showed either "moderate" or "modest" growth, steady or expanding real estate activity, and some growth in
. but there are enormous complexities in the tax accounting and operational challenge. can you say what your thinking is in that area? >> now that i have a voice again with some water, jet lag and a cold, you can't hold me back. money market funds will be one of the primary issues that the commission tackles in the coming months. you know, the process is under way, but quite frankly, we at the commission can and have been proceeding without too much reference to what's going on, and i think there is a new spirit at the commission working with the staff, industry and amongst the commissioners and the consensus that we need to take some action. obviously, there has been a lot of press about potentials involving the float. i have expressed that would be a great avenue to explore, recognizing, as you point out, there are pretty serious tax and accounting issues that have to be addressed and haven't been addressed even though this has been going around the industry for four, five years. on the accounting front, i'm hopeful that as the commission has authority over it, we can figure something out there, if
zero federal tax dollars. congressman darrell issa, he lives in a different world. he is the leading republican in charge to end saturday mail delivery and cut jobs. >> i think the american people look at the post office as something they don't use very much, but would like to have it still around. >> really? they don't use it very much. darrell issa acts like the postal service is just a luxury and always has been. americans depend on the postal service to deliver things like medicine, absentee ballots, fed ex and ups. they couldn't get into some of these neighborhoods hit hard by hurricane sandy. u.s. letter carriers delivered. but republicans think the postal service should do even more. >> like any business, ups, fed ex, the post office, it can live within its means if it makes appropriate changes. >> how can he say that? how can he say that with a straight face and have any integrity whatsoever? the post office is already required to live within its means. it pays for itself. i challenge the congressman from california to name any other business that could stay open under this b
's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on wealthiest americans. >> sean: gun at the head of the american people and republicans hostage takers and mr. president, comments like that are responsible for the gridlock in washington and whether or not mr. president, you like to believe it, you're to blame. and with us, stuart varney and co-host of "the five", dana perino, it never stops. >> at least he's consistent? good point. >> there are -- when there's a saying, you know, don't believe your own hype. i also think that in some ways presidents should not read their own press. there are always going be to be critics and i remember george w. bush did not spend a lot of times reading the nasty things that people said about him. he would say, look, this is where i think we need to go, this is a policy and help me get there. and he would try to bring in people from the other side to get that done. that wasn't always possible and people didn't always agree with him, but that was a bert approach and got more d
are protected by armed guards at their schools. mr. obama demands the wealthy pay their fair share of taxes, but he is just another elitest hypocrite when it comes to protection for their kids. >> the nra suffered a big loss in new york today with governor andrew cuomo signing into law the toughest gun control legislation in the country, strengthening the state's existing assault weapons ban. >> going to put rules in place that actually protect innocent people in society. that is what the state of new york is doing today. and it says common sense can win. and good people can win. and you can actually get government to work and get good things to happen. you can overpower the extremists with intelligence and with reason and with common sense. >> the nra immediately released this statement. these gun control schemes have failed in the past and will have no impact on public safety and crime, sadly, the new york legislature gave no consideration to that reality while lawmakers could have taken a step towards strengthening mental health reporting. instead, they opted for stopping the rights of g
used to be a line item in the budget, but you recall a couple of years ago there was a gas tax swap, a complicated maneuver to ensure that transportation funds continued to flow. the result is that the state transit assistance is now based on the details sales tax receipts. that is a fluctuating amount of money and therefore we only rely on the projections over the course of the year. so far it looks pretty good. the other big news is that the state is looking pretty good. troop prop 30 passed, significant dollars in projected revenue. so i think we find ourselves in a cautiously optimistic time. we'll be following that as the year unfolds. we participate in that process through various trade associations and our meeting, in fact, next week with the commit staff working on the bill to have california's law conform for the federal law. cap and trade another very large statewide issue. san francisco as a city family is engaging on that through our advocacy, our lobbyists, as well as the league of cities, california state association of counties and others who have an interest in maki
on with caltrans revenue. your specific question, caltrans did a poll of sales tax in that area and so now they are rethinking what they are going to be doing. they did do a poll of possible sales tax . >> that is where it comes state and federal funding. so they are looking for some kind of local thing and that would be very difficult in the three counties, because the three counties look at it very differently. thanks. anybody else? anything? thank you very much. >> mr. chairman, no members indicated that they are interested in addressing you on this matter. so it's before you for agency. >> each we have a motion on this to support? >> so moved. >> second. >> any discussion? all those in favor, say aye? >> aye. >> item 14 authorizing the director to enact a small business enterprise bonding and financial assistance program on federally-assisted contracts including establishing a surety bond reserve fund and obtaining a letter of credit or alternate collateral for small business enterprises on the federally-assisted contract grams i'm virginia harmon and i manage the small busi
for these new economic changes. we have given economic tax breaks for the new companies starting up in the city; we have changed our business taxes well. a lot of these changes are changes that affect big business in san francisco but we need to do more to make sure that we support every day businesses. we are seeing higher income people; (indiscernible) i really believe that san francisco needs to do something deliberate, specific that measures how people on the bottom rung are getting by in a better way. it's not enough that we just serve the wealthy interest; we make sure that as we do that that we support the people that i getting by not as much of the city. i was at dc about two months ago, i went to a lot of different monuments, really beautiful statues, beautiful buildings, the lincoln memorial, actually passed the lincoln memorial onto the franklin delano roosevelt memorial. something struck me there, quote from fdr: the test about progress is not whether we add more to those who have enough but whether we provided enough to those who do not have enough. we want to make s
is on partial tax, and the elustrous bond program. >> great. and thank you, commissioner mendoza pointing that out. okay. item q. superintendent's proposals for first reading. we have item 131-8 sp 1, approval of a public education enrichment fund expenditure plan for the school year, 2013-14, that will be moved to the meeting on the whole. >> you need a motion? i am sorry, yes i do. >> so moved. >> second. >> now it's referred to the committee as a whole on january 15. item r, board members' proposals for first reading none. item s, board members' reports, standing committees. i am sorry, do i do committees first or read it off. standing committees. we have a report from the buildings and ground committee. >> yes, the buildings and ground committee met on december 17th on two informational items. the first was an update on the current technology initiatives in sfsud. and i want to thank matt kensey and his team, we just have been able to advance by leaps and bounds. all of our schools are wired for the internet. there is still some last mile connectivity issues. but i want to acknowledge
. later on fox business i want you to meet the corn husker turned tax buster. the latest governor to give the income tax shove. do you notice a trend here? more and more governors, republicans governors are doing this. what are they up to? what are they really up to? tonight at 8:00. >> eric: hello, i'm eric bolling with andrea tantaros, bob beckel,be dana perino and gregreg gutfeld is back! it's 5:00 in new york city. this is "the five." ♪ ♪ >> eric: as expected, president become become used kids as backdrop addressing the american people on the plans for a new gun control. here he is. just hours ago. >> these are smart letters from some pretty smart young people. hennah a third grader. you can wave. that's you. henna wrote, i feel terrible for the parents who lost their children. i love my country and i want everyone to be happy and safe. grant -- go ahead and wave, grant. grant said i think there should be some changes. learn from what happened at sandy hook. i feel really bad. >> eric: the president outlined a series of proposals including closing background check loopholes,be ban
binder, the tax and treasurer's office has modified their business registration form. it's now a one-page form and it includes the sb1186, sb 1186 requires that each local municipality collect a dollar per business registration or license to go towards inspection or inspectors, mostly with the municipality department of department of building inspection and also for ongoing outreach education, helping businesses in compliance with their construction-related accessibility improvements. of the dollar, $0.70 is to stay in the local municipality. $0.30 goes to the state. 5% of that $0.70 goes to administering and processing of collecting the dollar and the rest of the 65% comes back to working on inspectors and helping get inspectors become inspectors with the department of building inspection and our outreach education ongoing and helping businesses comply with the construction-related accessibility requirements. so dbi and i have started a conversation just about how we're going to be constructing working with the funds. obviously right now there is not going to be much money. we'll p
whether he wwll seek a hike in eithertheesales tax or gas tax...to payfoorhhghways and mass transitt 3 maayland officials labee thhs pear's inffuenza as 'wideepread.' ''idesppeed.'paul gessler protect yourself with a flu shot.paul-- & 3 itts onee hing to hear these pleas from health officials... but, i talkee to a family who paiifully knows all too welll.. how serious the flu pan be..--3 be. 3&pkrista respass, mother:"in every room, theee's a piece of jonah here, too."flu seasoo hits the espass family harder than most.krista: "you cut his hairr nd he looks like a baby again."their son, jonah, died five yearr ago.krista 3 sudden cardiac arrest, as a reeulttof the flu--the seasonal fll."krrstt and harryy &phad just brought jonah back respass, mother:"we knew riiht -3& away it was the flu, beccuse we had both had itt"harry respass, father:"within a couple hours later,,that's when everything changed." 3 90 minuues of mmetucking him 33 to check on him, he was gone.. jonah was 2 and a half years old.harryyrespass, father:"he woulddbe in thh eeond grade now."krist
growth story. smaller paycheck. the end of the payroll tax holiday has to hurt retail doesn't it? and the facebook disappointment. you have this mystery announcement coming. instead we have an announcement of a tool to search information on big social networks. what a bust. yet the market didn't get hammered. there was no rally, and then we got the nap time and the fresh bull came to play into the bell. what is happening here? there have been different times along the way up where we had this same exact phenomenon like we are seeing here today. one at the beginning of the bull run. another occurred in the first three years in the '90s. we had about a half dozen since the new millennium. and every single case, every single one i can recall we get this moment where the market didn't get tired, but the analyst did. many big cap stocks had run up into their price targets. analysts stayed bullish or they actually even raised price and it was a mistake. and i'll tell you, let's use it, an endless target party. 700 goes to 900 and only if there were a two for one stocks split. the analy
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